Click here to load reader

Amrapali Complaints - Mining constn-equipment

  • View
    329

  • Download
    4

Embed Size (px)

DESCRIPTION

amrapali complaints official builders amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews. amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official r

Text of Amrapali Complaints - Mining constn-equipment

  • INDIAN MINING & CONSTRUCTION EQUIPMENT INDUSTRY BACKGROUND & HISTORICAL TRENDS Construction and mining equipment cover a variety of machinery such as hydraulic excavators, wheel loaders, backhoe loaders, bull dozers, dump trucks, tippers, graders, pavers, asphalt drum / wet mix plants, breakers, vibratory compactors, cranes, fork lifts, dozers, off-highway dumpers (20T to 170T), drills, scrapers, motor graders, rope shovels etc. They perform a variety of functions like preparation of ground, excavation, haulage of material, dumping/laying in specified manner, material handling, road construction etc. These equipment are required for both construction and mining activity. With a wide production capacity base, India is perhaps the only developing country, which is totally self-reliant in such highly sophisticated equipment. India has only a few, mainly medium and large companies in the organized sector who manufacture these. The technology barriers are high, especially with respect to mining equipment and therefore the role of SMEs is restricted to manufacture of components and some sub-assemblies. Prior to the 1960s, domestic requirements of mining and construction equipment were entirely met by imports. Domestic production began in 1964 with the setting up of Bharat Earthmovers Ltd. (BEML), a public sector unit of the Ministry of Defence, at Kolar in South India to manufacture dozers, dumpers, graders, scrapers, etc. for defence requirements under licence from LeTorneau Westinghouse, USA and Komatsu, Japan. In the private sector, the Hindustan Motors Earthmoving Equipment Division, was established in 1969 at Tiruvallur, near Chennai with technical collaboration from Terex, UK for manufacture of wheel loaders, dozers & dumpers. This factory has since been taken over by Caterpillar for their Indian operations. The machines manufactured by Caterpillar in the Tiruvallur factory are marketed by TIL and GMMCO. In 1974, L&T started manufacturing hydraulic excavators under license from Poclain, France. In 1980 and 1981, two more units, Telcon and Escorts JCB commenced manufacture of hydraulic excavators (under license from Hitachi, Japan) and backhoe loaders (under license from JCB, UK) respectively. Escorts JCB has been taken over by JC Bamford Excavators Ltd. U.K. in 2003 and is now called JCB India Ltd. Volvo and Terex Vectra are the most recent entrants in the Indian market. Volvo has set up their manufacturing unit in Bangalore.
  • At present they are only manufacturing tippers and the other equipment are imported from their parent company and marketed in India. Terex Corporation USA and Vectra Ltd. U.K. have formed a joint venture, which has started manufacturing construction equipment like backhoe loaders and skid steer loaders from May 04 at Greater Noida with an investment of USD 12 million. Other equipment in the Terex range are being sold through their agents in India. Most of the technology leaders like Case, Caterpillar, Hitachi, Ingersoll-Rand, JCB, John Deere, Joy Mining Machinery, Komatsu, Lieberr, Poclain, Terex, Volvo are present in India as joint venture companies, or have set up their own manufacturing facilities, or marketing companies. The industry has made substantial investments in the recent past for setting up manufacturing bases, despite small volumes and uneconomic scales of production compared to global standards. Current Status in India The growth of this sector is interlinked with the growth of the Indian economy and indirectly with the growth of infrastructure. This is evident from the graph shown below:- CO-RELATION BETWEEN STATUS OF ECONOMY AND THE INDUSTRY 4.0% 8.5% 6.9% 10.5% 13.6% 13.3%12.1% 15.0% 33.0% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 2002-03 2003-04 2004-05 Earthmoving & Construction sector growth rate % change in GDP %change in IIP in capital goods Chart 1 The last few years have witnessed a phase of restructuring in the industry through acquisitions and joint ventures. This also reflects the active interest of international majors in the domestic market. Many international players have also appointed selling agents for importing and selling complete equipment in India.
  • The construction and mining equipment industry is dominated by a few large manufacturers in each product segment. BEML supplies to nearly half the total market. BEML & Caterpillar lead in dumpers and dozers while L&T-Komatsu and Telcon lead in excavators and JCB India in backhoe loaders. The market share and total market size as per CMIE data of the product range covered by the study is given below: - Major Products Companies Market Share (%) Earthmoving Machinery Bharat Earth Movers Limited 50.01 Telcon 15.48 L&T Komatsu 8.30 Larsen & Toubro 3.16 Tractor Engineers 1.24 Hyderabad Industries 0.22 Ingersoll-Rand (India) 0.21 T R F 0.11 Jessop & Co. 0.09 A C C Machinery Co. 0.06 Greaves Cotton Voltas Bemco Jacks & Allied Products Viraj Technocom Texmaco Tata Motors Southern Structurals Marshall Sons & Co. (Mfg.) Hindustan Motors Garden Reach Shipbuilders & Engineers Escorts JCB Total number of companies : 27 Total market size: Rs.3516.2 Cr.
  • Source: CMIE, Industry Market Size and Shares, February 2005 and compilation of company data. Total Market Size of all the three product groups add up to Rs.4232 crores. Structure of the Sector 71% of the sector comprises of public limited companies including PSUs and 29% private limited, or joint ventures including closely held private limited companies. Construction Machinery Gujarat Apollo Equipments 39.07 Apollo Earthmovers 10.05 Apollo Industrial Products 7.53 Shethia Erectors & Material Handlers 6.58 Rico Auto Inds 6.19 International Combustion 5.08 TRF 5.03 Total number of companies : 49 Total market size: Rs.171.2 crores Cranes TIL 14.47 Greaves Cotton 9.31 Mukand 7.92 WMI Cranes 5.55 Hercules Hoists 5.37 Jessop & Co. 0.96 Hyderabad Industries 0.83 Millars India 0.14 Cranex 0.13 Brady & Morris Engg. Co. 0.04 Braithwaite & Co. Voltas Vikatmev Containers Southern Structurals Marshall Sons & Co. (Mfg.) Marshall Sons & Co. (India) Elecon Engineering Co. Total number of companies : 31 Total market size: Rs.544.3 crores
  • TURNOVERWISE SEGMENT Below 100 crores 31% of companie s >500 crores 25% of companie s 100-500 crores 44% of companie s Chart 2 75% of the companies manufacturing in India were involved in the entire range of activities like design and engineering, manufacturing, erection, servicing and commissioning. There are only a few companies who act as selling agents for international players. There are others who manufacture and also import complete equipment or in SKD condition from their principals abroad and market them. Since each piece of the equipment in this product category has substantial value, a number of companies have a turnover of over 100 crores and the larger ones have a turnover above Rs.1000 crores. The technology barriers have made the industry less fragmented in the mining machinery sector whereas it is fragmented in the road construction equipment and the material-handling segments. The international trend in the earthmoving and mining segment is one of consolidation. This trend is also beginning to be seen in India. Some international companies are looking at the prospects of enhancing their market presence based on higher investment in mining and infrastructure and also using their Indian operations to meet demand in South and South East Asia. The industrys expectations of the likely future evolution in this sector is represented here in graphical form. Most of the current players expect that new players will enter the Indian market. INDUSTRY'S VIEWPOINT OF FUTURE EVOLUTION ENTRY OF NEW PLAYERS 65% CONSOLIDATION 35% Chart 3
  • Technology The construction and mining equipment sector has a wide range of products. For the purpose of this study, this is taken to mean the following : Construction Equipment Mining Equipment Backhoe Loaders Dumpers Crawler Dozers upto 320 HP Dozers (above 320 HP) Crawler Excavators above 3.5 Cu.M. Hydraulic Excavators (65 T and above) Loaders Rope Shovels Motor Graders Drag Lines Skid Steer Loaders Drills Wheel Loaders below 3 Cu.M. Wheel Loaders above 3 Cu.M. Vibratory Compactors Surface Miners Dump Trucks (below 35 T) Off Highway Dumpers (above 35 T) Tippers Continuous Miners Breakers Long Wall Equipment All Terrain Cranes Asphalt Pavers Asphalt Drum / Wet Mix Plant Fork Lifts The technology leaders in the construction equipment sector are: Komatsu, Caterpillar, Hitachi, Terex, Volvo, Case, Ingersoll-Rand, HAMM, Bomag, John Deere, JCB, Poclain, Bitelli, Kobelco, Hyundai and Daewoo. Except for the last 3, all the other companies are present in India either as joint ventures, or have set up their own manufacturing facilities, or marketing companies. In the mining sector, the leaders are: Wrigten, Atlas Copco, Liebherr, Joy Mining Machinery, Hitachi, Komatsu, Terex, Ranson & Rappier, Bucyrus Erie and DBT. Out of these companies, DBT does not have any technology transfer and neither is it manufacturing in India. Joy Mining Machinery has a small operation in India to manufacture spares and provide sales support. However, these are the two leaders in continuous mining and long wall equipment in the world. In the construction equipment sector, the level of technology prevalent internationally can be made available in India through joint ventures. However, the equipment currently being manufactured in India is not of the same size. For example for a 15 Cu.M. hydraulic shov

Search related